644 SW Coast Hwy - Office/Residential FOR SALE


Newport, OR 97365
$2,070,000 USD
541-740-9497
644 SW Coast Hwy, Newport, OR for Sale
$2,070,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

644 SW Coast Hwy
Newport, OR 97365


HIGHLIGHTS

  • Positioned along Highway 101 in Newport with excellent visibility and high traffic exposure in a central coastal corridor.
  • Conveniently located across from Good Samaritan Hospital and near Hallmark Inn, providing strong synergy for medical and professional tenants.
  • Offers approximately 24 surface parking spaces for ease of access for tenants and visitors.
  • Built in 1985 with a practical layout designed for professional services, healthcare, and neighborhood retail uses.
  • Investment-ready opportunity with 100% occupancy, providing immediate income potential and long-term value in a growing coastal market.
  • Fully leased, two-story multi-tenant office property encompassing approximately 9,400 square feet on a 0.40-acre lot.

OVERVIEW

Introducing The Driftwood, a premier multi-tenant, turn-key investment opportunity offering spectacular ocean views. Strategically positioned along Highway 101, directly across from Good Samaritan Hospital and near the iconic Hallmark Inn, this coastal property features about 9,400 square feet on 0.40 acres, and about 24 surface parking spaces. The practical footprint is ideal for professional services, medical offices, or neighborhood retail.

FOR SALE DETAILS

PRICE

$2,070,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,216 SF

ZONING

C-1

APN/PARCEL ID

R385141

ASK ABOUT THIS PROPERTY

Hong WolfeWindermere CommercialMore Info
541-740-9497

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Hong WolfeWindermere CommercialMore Info
541-740-9497

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.